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731 E Washington St
Nashville, NC 27856

Price Upon Request

Freestanding For Sale  •  49,189 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 49,189 SF
  • Lot Size 5.13 AC
  • Building Class B
  • Year Built 1979
  • Tenancy Multiple
  • Zoning B1
0 Transit Score
53 Walk Score

Highlights

Piggly Wiggly Desires to Extend to a Long-Term Lease in 2028; This is the Number 6 Ranked Store Out of 51 in North Carolina According to PlacerAI.
Opportunity to convert three month to month leases to market to market, leading to a year 1 cap rate of 7.9%
Potential Upside By Bringing Rents to Market and Converting Leases to Triple Net; Only Two of the 9 Tenants Are Currently Responsible For TICAM.
Nashville Has Continued YoY Population Growth as it Benefits From the Migration Happening to the Suburbs of Raleigh.
Unique Opportunity to Purchase Grocery Anchored Shopping Center in North Carolina For a Low Rate of $79 PSF on the Building and $18 PSF on the Land.

Major Tenants

Tenant SF Occupied Lease End Date
Bill's Barber Shop 1,260 SF
Dollar Tree 9,028 SF 12/31/2026
Farmhouse Financial 8/31/2027
Hot Dog People
Lam's Garden Restaurant 1,000 SF 1/31/2028
Little Caesar's 2,800 SF 6/30/2026
Piggly Wiggly 30,678 SF 12/31/2028
Smoke Hut Tobacco 3,710 SF
SuperClean Laundry 1,980 SF 11/30/2033
Taylor Made Jewelry 2,180 SF

Amenities

  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 183
Type: Surface
Included in Rent: Yes